Hans H.J. Labohm: July 2005 Archives

When Good Aid Goes Bad

Page after page of professional economic journals are filled with mathematical formulas leading the reader from sets of more or less plausible, but entirely arbitrary assumptions to precisely stated but irrelevant conclusions. --Wassily Leontief (American economist Read More

The Royal Scam

Economists are famous for their inability to agree on anything. "If you put two economists in a room," Winston Churchill once observed, "you get two opinions -- unless one of them is Lord Keynes, in which case you get three... Read More

TCS Daily Archives